Recent Real Estate News - Wholesale Florida Properties

October 4, 2021

Home-flipping profits are shrinking, but here’s where you can net the most

During the second quarter of this year, close to 80,000 single-family homes and condominiums were flipped. Home flipping has never been easy, no matter how much fun TV shows like “Flip or Flop” make it...

September 30, 2021

Home Affordability Slips Again for Average Workers Across U.S. in Third Quarter Amid Ongoing Price Runup

IRVINE, Calif. – Sept. 23, 2021 — ATTOM, curator of the nation’s premier property database, today released its third-quarter 2021 U.S. Home Affordability Report, showing that median-priced single-family homes are less affordable in the third...

September 27, 2021

Treasury removes restrictions on investment properties

Suspension of recent PSPA amendments restricting Fannie Mae and Freddie Mac is in line with administration’s goal to boost housing supply The Treasury Department and FHFA announced Tuesday that they are suspending certain requirements that...

September 23, 2021

Home Flipping Increases While Profit Margins Continue to Drop Across U.S. in Second Quarter of 2021

IRVINE, Calif. – Sept. 16, 2021 — ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Home Flipping Report showing that 79,733 single-family homes and condominiums in the United States...

September 20, 2021

Mortgage demand falls to lowest in two months as rates stagnate

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances remained unchanged at 3.03%. Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially...

September 16, 2021

One Size Doesn’t Fit All in Multifamily Financing

Hudson Realty Capital’s Brad Cain discusses the nuances of FHA lending vs. conventional and GSE loans. Deciding between financing alternatives involves careful consideration, especially at a time when options are plenty. MHN spoke with Hudson...

September 14, 2021

Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020

Homes are also taking longer to sell. Still, prices are up 15% from a year ago. Pending home sales rose 9%, the slowest growth since June 2020, while the actual number of pending sales fell...

September 9, 2021

US home price growth hit record level in June

Home price growth accelerated fastest in Phoenix for the 25th straight month With little inventory, home-price growth in the U.S. hit a record high in June, rising 18.6% from the same period last year, according...

September 7, 2021

Fed is stoking another real estate price bubble that will wipe out home equity, investor Peter Boockvar warns

Investor Peter Boockvar is sounding the alarm on a housing price bubble brought on by the Federal Reserve’s Covid pandemic policies. He warns first-time homebuyers are most vulnerable to dramatic losses. “I feel bad for...

September 2, 2021

2021 Multifamily REIT Values

As of Aug. 2, the Manufactured Homes led all publicly traded U.S. equity REIT sectors. As of Aug. 2, the Manufactured Homes sector led all publicly traded U.S. equity REIT sectors in terms of the...